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Prof G Markets

What’s Driving 2025’s Gold Rush? & The Incredible Risk of Perpetual Futures Trading

Prof G Markets

Prof G Media & Vox Media

Business, Entrepreneurship, Investing

4.31.4K Ratings

🗓️ 25 September 2025

⏱️ 26 minutes

🧾️ Download transcript

Summary

Ed is joined by Robert Haworth, Senior Investment Strategist at U.S. Bank Wealth Management, to unpack what’s fueling gold’s 40% rally this year. Then he breaks down the boom in perpetual futures trading and explains why the popular strategy is gambling, not investing. Check out our latest Prof G Markets newsletter Order "The Algebra of Wealth" out now Subscribe to No Mercy / No Malice Follow Prof G Markets on Instagram Follow Ed on Instagram and X Follow Scott on Instagram Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0

Introducing the new Dell AI PC, powered by the Intel Core Ultra processor.

0:06.0

It helps do your busy work for you, so you can fast forward through designing presentations,

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summarizing meeting notes, finding files, synthesizing data, organizing decks,

0:15.0

organizing multiple schedules, responding to James' long emails.

0:20.0

Leaving all the time in the world for the things you actually want to do,

0:25.0

no offence, James.

0:26.4

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0:32.5

Dell, how those ahead, stay ahead.

0:38.4

Support for this show comes from Shopify.

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With Shopify, it's easy to create your brand, open up for business, and get your first sale.

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Use their customizable templates, powerful social media tools, and a single dashboard for managing it all.

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to start selling with Shopify today. Shopify.com slash Vox Business.

1:14.7

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1:20.9

The new season is bigger than ever.

1:23.2

Bigger hopes?

1:24.3

I keep waiting for this moment when he says, Mom, I get it. I'm sorry. Bigger dreams. Bigger hopes? I keep waiting for this moment. When he says, Mom, I get it.

1:29.2

I'm sorry.

1:30.5

Bigger dreams.

1:31.6

Tom Hanks wants to meet with you.

...

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